FirstSource Solutions gained 5% during early session on Tuesday. The stock has moved up on back of high volumes. The stock had closed 3.2% lower yesterday.
In today’s session, the stock has touched an intraday high and low of Rs 33.40 and Rs 31.65 respectively. The trading volume on NSE was 12 million shares while on BSE 5 million shares changed hands till 11.30 am. The stock has touched a 52-week high and low of Rs 50.7 and 9.30 on NSE.
Technical Expert Vijay Bhambwani has suggested Rs 47 as next level for the stock. Mr. Vijay suggests a hold with Rs 24 as a medium term support level for FirstSource Solutions.
Another Technical expert, Mitesh Thacker, has given a level of Rs 40-45 for the stock. He suggests Rs 31 as major support for the stock and expects the stock to test Rs 40-45 soon.
Ashwani Gujral has also suggested Rs 40 as short term target for the stock.